Fri.Oct 28, 2022

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Remarks by Commissioner Uyeda at the Georgetown Law Hotel and Lodging Summit

Harvard Corporate Governance

Posted by Mark T. Uyeda, U.S. Securities and Exchange Commission, on Friday, October 28, 2022 Editor's Note: Mark T. Uyeda is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on his recent public statement. The views expressed in the post are those of Commissioner Uyeda, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

Banking 203
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Musk becomes media baron with Twitter deal amid Big Tech sell-off

Financial Times M&A

Wall St bankers under pressure to offer heavy discounts on debt to fund acquisition of social media platform

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Trending Sources

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SEC’s New Pay Versus Performance Disclosure Rule: Important Things To Know

Harvard Corporate Governance

Posted by Eric W. Hilfers, Jonathan J. Katz and Michael L. Arnold, Cravath, Swaine & Moore LLP, on Friday, October 28, 2022 Editor's Note: Eric W. Hilfers , Jonathan J. Katz and Michael L. Arnold are Partners at Cravath, Swaine & Moore LLP. This post is based on a Cravath memorandum by Mr. Hilfers, Mr. Katz, Mr. Arnold, John W. White , Elad L.

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Renewable-energy development in a net-zero world

Mckinsey and Company

Global decarbonization will require a massive build-out of wind and solar farms. But can developers find enough land, secure the supply chain, and recruit workers while maintaining profitability?

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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How Twitter Will Change as a Private Company Under Elon Musk

NYT M&A

The social media company went public in 2013. But Elon Musk is taking it private as part of his acquisition of the firm. Here’s what that means.

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Reusable packaging: Key enablers for scaling

Mckinsey and Company

Reusable packaging isn’t new, but the concept is gathering renewed momentum as sustainability pressures grow. Four enablers could help leaders overcome current barriers and scale beyond the niche.

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More Trending

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The Great Reset: North American asset management in 2022

Mckinsey and Company

An “all-weather” agenda can help asset management firms thrive in a tumultuous and uncertain market environment.

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A Bad Boss Bonus?

National Law Review M&A

Jennifer B.

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Twitter bosses entitled to $120m in ‘golden parachute’ payouts

The Guardian M&A

Compensation for fired executives adds to already hefty bill for Elon Musk’s debt-funded takeover Musk completes Twitter takeover and ‘fires top executives’ Shares taken off stock exchange after Musk seals takeover Fears raised over disinformation and hate speech Twitter’s top executives will be entitled to “golden parachute” payouts worth more than $120m if removed as expected by the company’s new owner, Elon Musk.

Finance 101
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Elon Musk Buying Twitter Is a Moment of Celebration for Many

NYT M&A

The way forward for Twitter is uncertain. But that means Mr. Musk can innovate and change the platform for the better, his supporters say.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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If You Invested $1,000 In Twitter When Musk Disclosed A Stake, Here's How Much You Made

Benzinga

The world’s richest person now owns one of the leading social media platforms with Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk acquiring Twitter Inc. for $44 billion. Here’s what investors would have done if they took a stake when Musk’s initial stake was announced. What Happened: The captivating saga between Twitter and Musk dates back to January when the Tesla CEO began accumulating shares.

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General Motors pauses Twitter advertising after Elon Musk takeover

Financial Times M&A

Carmaker cites ‘significant change’ as billionaire moves to make his mark on social media platform

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Elon Musk completes Twitter takeover and ‘fires top executives’

The Guardian M&A

The $44bn deal will give world’s richest man control of social media platform with more than 230m users Elon Musk has completed his $44bn takeover of Twitter, taking control of the company and reportedly firing several top executives, including the chief executive, Parag Agrawal. The world’s richest man tweeted “the bird is freed”, in a reference to Twitter’s corporate logo, just hours before a court-ordered deadline to buy the business expired.

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Elon Musk Takes Twitter, and Tech Deals, to Another Level

NYT M&A

Silicon Valley moguls used to buy yachts and islands. Now they are rich enough, and perhaps arrogant enough, to acquire companies they fancy.

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Elon Musk completes Twitter takeover amid hate speech concerns

The Guardian M&A

Shares taken off stock exchange as world’s richest man completes deal to buy social media platform The world’s richest man, Elon Musk, has completed his $44bn acquisition of Twitter, amid warnings from politicians and campaigners that hate speech on the platform must be held in check. The social media group confirmed the deal in a brief filing on the New York Stock Exchange on Friday morning, disclosing the deal had closed the day before.

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Productivity vs Efficiency in Manufacturing

Rhythm Systems

Two key concepts in manufacturing that often get misconstrued or even used synonymously are manufacturing productivity and manufacturing efficiency. Do you know what the difference is? Despite these two words pertaining to improving the production process of a manufacturing, agriculture, or service sector company, they refer to different things. Once you think about the differences, you can better utilize productivity and efficiency in your business.

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Cryptocurrency Exchange Coincheck To List On Nasdaq By Merging With SPAC

Benzinga

Cryptocurrency exchange Coincheck will complete its Nasdaq listing by merging with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV Inc (NASDAQ: THCP ) in July 2023. The merger was initially planned for March this year when its estimated value was roughly $1.25 billion. “In addition to crypto asset exchanges, Coincheck has expanded its business area to include NFTs, metaverse, and Web3, while keeping fixed costs low and controlling advertising expenses in respo

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Twitter takeover: fears raised over disinformation and hate speech

The Guardian M&A

EU commissioner says Elon Musk’s platform must ‘fly by our rules’ as UK minister raises concerns over content moderation Senior politicians have warned Elon Musk over content moderation on Twitter, with the EU stressing the platform will “fly by our rules” and a UK minister expressing concerns over hate speech under the billionaire’s ownership. The EU’s internal market commissioner, Thierry Breton, wrote on the platform on Friday that “in Europe, the bird will fly by our rules”, in response to M

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EXCLUSIVE: StartEngine CEO Talks SeedInvest Acquisition, Why Equity Crowdfunding Is Thriving

Benzinga

Crowdfunding platform StartEngine has announced a buyout deal to acquire competitor SeedInvest from the Circle Internet Financial affiliate Pluto Holdings in a deal that will combine two of the largest equity crowdfunding platforms in the market. The all-stock deal represents a market value of about $24 million. StartEngine is advised by Kevin O'Leary of "Shark Tank" and led by Howard Marks , the co-founder of Activision Blizzard Inc (NASDAQ: ATVI ), who spoke with Benzinga about t

Equity 98
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Elliott Management raises stake in takeover target Swedish Match

Financial Times M&A

Hedge fund now has power to decide outcome of Philip Morris International’s $16bn offer for smokeless tobacco specialist

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Buzzfeed Doesn't Have To Arbitrate Employee Stock Dispute

Law 360 M&A

Buzzfeed is not bound by a provision in employee agreements that would have required it to arbitrate a dispute with 91 of the company's current and former employees over stock conversions, a Delaware Chancery Court judge ruled Friday.

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Scaling the CCUS industry to achieve net-zero emissions

Mckinsey and Company

Carbon capture, utilization, and storage can help hard-to-abate industries achieve net-zero emissions. Scaling the industry will require action by governments, investors, and industrial players.

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Nonprofit Alert: 2022 Single Audit Filings & New Data Collection Form

Gross Mendelsohn

For nonprofits subject to a Single Audit, there’s a delay in the new requirement to use SAM.gov to submit Single Audit filings.

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Reimagining Mexico’s chemical industry

Mckinsey and Company

The country’s chemical sector could double in size. A shift toward sustainable products, regionalization, and emerging value pools offers an opportunity to fulfill Mexico’s potential.

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Twitter Pulled From NYSE After Musk Closes $44B Buyout

Law 360 M&A

Twitter disappeared from the New York Stock Exchange Friday morning, hours after Elon Musk reportedly asserted his control of the business through an overnight jettisoning of top executives immediately after closing on his $44 billion take-private deal for the social media giant.

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Michael Klein plans merger with Credit Suisse investment bank

Financial Times M&A

Former Citigroup executive said to be aiming to acquire a substantial shareholding in CS First Boston

Banking 75
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Twitter, Del. Both Big Winners In Musk's $44B Buyout Fold

Law 360 M&A

In the end, tech mogul and Tesla CEO Elon Musk had no way out of his $44 billion deal to buy Twitter Inc. after the social media giant sued to enforce his take-private offer in Delaware's contract-focused Court of Chancery, experts said Friday.

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Multiple Contraction Drives Returns for Publicly Traded Asset/Wealth Managers

Auto Dealer Valuation Insights

So far this year, many publicly traded investment managers have seen their stock prices decline by 30% or more. This decrease is not surprising, given most firms’ broader market decline and declining fee base. With AUM for many firms down significantly from year-end, trailing twelve-month multiples have declined, reflecting the market’s expectation for lower profitability in the future.

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Musk's Control Of Twitter Comes With Freedom, Drawbacks

Law 360 M&A

Now that his bid to take Twitter Inc. private is complete, Elon Musk will enjoy vast freedoms to push his vision for the social media giant outside the immediate glare of public markets, although the transition also comes with drawbacks.

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Agility and Resilience

Norman Marks

How agile is your organization? Is it able to react at speed to changes in business conditions, recognizing new or changed risks and seizing new or changed opportunities? Does it have timely and sufficient information about what is changing? Is the management team able to understand what is happening or, better, what is likely about […].

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Unions Tell FCC Tegna-Standard Deal Will Lead To Job Cuts

Law 360 M&A

Despite assurances that it does not "intend" to cut any jobs, new filings reveal that hedge fund Standard General planned to finance the $8.6 billion takeover of broadcast company Tegna through staff cuts, two unions challenging the deal told the Federal Communications Commission.

Finance 75
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Startup horror stories: when co-founders fall out

Vested

Co-founder conflict can be fatal - to startup success that is.

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FTC Rips Meta's 'Belated' Dismissal Bid In Suit Over VR Deal

Law 360 M&A

The Federal Trade Commission fired back in California federal court Thursday at Meta Platforms Inc.'s bid to end the FTC's suit challenging its purchase of virtual reality app developer Within Unlimited, arguing that its antitrust allegations are sufficient, and the judge should reject Meta's "belated" attack on the pleadings.

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How Avanade is driving human impact through experiences

Avanade

Today, Avanade X puts humans at the intersection of strategy, design, and technology to show the world what’s possible when you give technology purpose.